Latest Posts with Ampleforth (AMPL) tag

Ampleforth (AMPL)

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Ampleforth (AMPL) is a digital asset, intended to act as a synthetic commodity, similar to Bitcoin and gold. The project gets its name from a character in George Orwell’s novel, 1984.

Founded by Brandon Iles and Evan Kuo, Ampleforth was designed to overcome some of the shortcomings held by assets in the cryptocurrency market, namely their volatile nature. The network’s use of a price-supply equilibrium algorithm is unique, taking into account both supply and price to reach an equilibrium that changes a holder’s supply, but not the price of the token.

While this may suggest that Amples are stablecoins and remain stable in value, they are indeed not. Ampleforth’s whitepaper covers how new baselines in token prices are reached over a period of time. The essence of this idea is that the supply of Ampleforth tokens contract or expand according to demand. The team states that this applies countercyclical pressure and keeps the price stable for long runs.

However, Ampleforth’s resistance to volatility is only one of the positive outcomes from its technical architecture, which the team states will also support medium and long term uses of acting as reserve collateral in decentralized banks and act as an alternative to central bank money, in addition to the short term use as a synthetic commodity digital asset.

Many of the project’s team members are former employees of some of Silicon Valley’s biggest companies, including Google and Uber, and graduates from Yale and Berkeley.

Learn more about Ampleforth (AMPL) here, including news, price predictions, opinions and analyses created by users.


FILM REVIEWS; contemporary, erotic cinema for quiet nights in 🔥

20 Feb 2021 4 minute read 0 comments (S)llew la Wulf

Re last night's post, here are my film reviews; I watched both The Housemaid and Crash, respectively. As it turns out, that was the right way round to do it...    The Housemaid Directed by Im Sang-Soo, this film is on one hand an exciting, well writ...

What is Ampleforth (AMPL)?

20 Feb 2021 1 minute read 0 comments chris04

Ampleforth (AMPL) is an innovative stable coin, based on ethereum's ERC 20 protocol, which tends to be stable with the elastic delivery method. Ampleforth therefore aims to be an unsecured synthetic asset, in fact, it has no collateral whether it is...

Ampleforth and Cryptocurrencies trading concepts

19 Feb 2021 1 minute read 0 comments Itech

It seems that many are still confused about what kind of value "supply elasticity" really brings to the cryptocurrency markets. The experiments taking place in this niche of markets are critical to the long term health of the entire space Frenzies th...

From STRANGERS ON A TRAIN to obscure indépendant cinema; Friday night is solo date night, it would seem 😊

19 Feb 2021 2 minute read 2 comments (S)llew la Wulf

  It's Friday night, I don't have my children and as we are still in the midst of lockdown and, it is cold and windy out there, it looks like another cosy night in.  I went for a long walk, came home, had a luxurious bath and then had my dinner (last...

Best Gambling Strategy - TrustDice.win

18 Feb 2021 1 minute read 1 comment Sp427

Through experience on TrustDice.win, I would like to share a gambling strategy I use that works well. It is important that you read all steps in order for success. First, go to the dice game. Set the odds so that you have a 49% chance of winning - re...

Something frivolous, sassy and a teensy bit saucy 😊 TO CATCH A THIEF 🔥

18 Feb 2021 2 minute read 7 comments (S)llew la Wulf

Again, this is a repost, apologies if you've seen it before but this song just serves to remind me of where I am no longer... And who knows, where I may be once again, although hopefully with a little more self possession than before :-)  To Catch A...

BLACK BOOTY, RACIAL BIAS AND CULTURAL Legacies (Black History ain't just a one month a year deal)

17 Feb 2021 14 minute read 2 comments (S)llew la Wulf

It's Black History Month in the States currently and although I'm UK based, BHM should never just be a one off month in my mind, it is consistently a point to reflect upon, because the  reason we have it is a really boiled down to the prevailing raci...

DANCE AS EXORCISM; the breaking of the abscess

16 Feb 2021 2 minute read 0 comments (S)llew la Wulf

About this time last year, I was immersed in a vortex of pain and confusion. Endings of relationships are never easy, but when they end for reasons that are not to do with a lack of love and passion, on either side, it makes it all the harder to bear...

The Next BIG Exchange

16 Feb 2021 3 minute read 0 comments Kuroshio

Trading, staking, converting currency on an exchange is equivalent to an investment. As with any investment, it is crucial to do adequate research so that you may maximize your returns and future opportunity. For your consideration, I would like to w...

CHAN CHAN Y JUANICA; my first attempt at dancing post surgery and a very beautiful song

15 Feb 2021 2 minute read 6 comments (S)llew la Wulf

When I was a young girl, I had an alter ego, and her name was Juanita... In Juanita I could be anything. I could be strong, fearless, beautiful and always facing forward, never looking back. I needed her in the troublesome childhood I had. She helped...